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Get your Crypto!

ANSWERS TO ALL YOUR QUESTIONS...

What is bitcoin?

On a global scale, the Bitcoin technology has the potential to change the way we conduct business. The following videos introduces you to Bitcoin and shows you just how easy it is to get started trading.

Bitcoin is both an online open source payment system and a decentralized currency. The system is the first of its kind in the world. It allows users to send and receive bitcoins peer-to-peer (P2P) without having to rely on any third party like a bank or credit company for security.

What is a Bitcoin exchange?

A Bitcoin exchange is a digital marketplace where traders can buy and sell bitcoins with fiat money or altcoins. A Bitcoin exchange functions as a link between buyers and sellers of the popular currency – much like that of a more traditional stock exchange.

What exchange do we use?

There exists a handful of respected Bitcoin exchanges around the world. At WeMoveCoins, we use the renowned European exchange, Kraken. The price we offer correlates with the price traded on Kraken at any given moment. The current price of Bitcoin is always visible at the top of our website.

Who sets the price of Bitcoin?

The price of Bitcoin is set by the market as a whole. In other words, the day-to-day price of Bitcoin is governed by price mechanisms of supply and demand. As a result, the price of Bitcoin can be very volatile. That’s always something to consider, if you plan on investing a lot of money. The price of Bitcoin also varies depending on the exchange you use. Bitcoin is traded on multiple exchanges, all of which set their own average price based on sales at a specific time.

Get your Bitcoin wallet

New to Bitcoin? Don’t worry, all you need to get started is a wallet. A wallet is a software program that enables users to send and receive digital currency and monitor their balance.

Setting up your first wallet is easy to do. Below, we’ve selected a few quality wallets for you to choose from. Simply click on your preferred method of storage – we’ll guide you through the rest.

How to setup a Mycelium wallet for Android

Mycelium is one of the world’s most used and trusted wallets for storing and trading bitcoins. It’s popularity stems from it’s obvious qualities: it’s secure, easy to use, and it has a lot of interesting features. You can import TREZOR as
another account into the Mycelium-application to check your balance without having to plug-in your TREZOR hardware every time.

That’s why we recommend Mycelium for Android users. Below, you’ll find a step-by-step guide to help you setup the Mycelium wallet on your device.

How to setup an Electrum wallet on your laptop

Electrum has been securing Bitcoin payments since 2011. It’s one of the most popular and trusted wallets on the market, because it’s fast, secure, and easy to use. It includes beginner usability and expert functionality to deliver the optimal
Bitcoin experience – regardless of previous experience with cryptocurrencies.

Because of these qualities, we recommend Electrum for laptop users. Below, you’ll find a step-by-step guide to help you setup the Electrum wallet on your laptop.

Top of the line Security. The Trezor hardware wallet

TREZOR is a hardware wallet that provides advanced security for handling your bitcoin and all your other crypto private keys. It enables you to make secure payments without exposing your private keys to a potentially compromised computer. The TREZOR wallet works with every computer that has an USB port is compatible with Android devices.

For those reason, we recommend you use a TREZOR hardware wallet. Below, you will be able to purchase your very own Trezor wallet, directly from the producer.

Other Questions We Get a Lot...

The first thing you need in order to try out Bitcoins is to download a digital wallet. The wallet stores your passwords (private keys) in order to control your bitcoins.There are many different wallets, however, we would like to point out a few that we recommend:If you’re on a mobile we recommend either Bread Wallet for iOS or Mycelium Wallet for Android.On a PC or laptop we would recommend Electrum Wallet.For more information please visit our tutorial section (linked to above) or our glossary page on the Bitcoin Wallet.

At WeMoveCoins.com we currently offer you as a customer the ability to buy and sell Bitcoin. We are looking to onboard new coins and tokens, and if you are looking to buy or sell any coin in particular, please get in contact with our support or trading desk.

You get a bitcoin address, by installing a bitcoin wallet on your favorite device. The wallet you choose automatically generates an address, also called a public key, where others are able to transfer your money to.Most addresses are 33-34 characters long, however, are usually expressed in a QR code which can be easily scanned.

Step 2:Choose the amount you want to pay for, your Bitcoin address as well as your personal details. If the transaction size exceeds certain thresholds we will ask for more information in order to know that you are who you are.

Step 3:Buy Bitcoins using your credit card. In order to do so you will need to verify using your mobile number associated with your credit card.

Step 4:Wait for the transaction to complete. We guarantee to transfer your Bitcoins within 12 hours, however, usually it is much faster.

Our backend system is made for a smooth order process and a quick payout. It should be noted though, that if our backend system detects some inconsistency in the data associated with an order, it will be pick-up for a manual review.

Here are some general rules, which we advise you to follow if you want your bitcoins fast and smooth:

• Name (Only use your real name as stated in your passport and credit card)
• Email address (Use your personal email which must have been in use for at least 12 month)
• Mobile telephone (Enter your own telephone. We do not accept virtual numbers)
• Credit card (Use your own credit card. US-issued credit cards are unfortunately not accepted)
• Bank account (Use only you your own bank account when transferring money to our account)
• IP Address (We need to your capture your actual IP address. Please disable VPN during the order process)
• Bitcoin address (Address associated with dark market or criminal activities is a no-go)

Since we are a regulated entity, you should not expect anonymity when trading with us. If your order is large or we see some inconsistencies in data related to your order, then we might request further details from you. We spend a lot of time and energy on creating an offering that manages risk in a good way, while still presents you as a customer, with a convenient and easy order process.

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